Global e-commerce Payments Market Set to Surpass $13 Trillion by 2030
The global e-commerce payments market is on track to exceed $13 trillion by 2030, up from $8.3 trillion in 2025, according to a new study by Juniper Research. The forecast represents a 57% growth rate over the next five years, with much of the expansion fueled by emerging markets in Latin America and the Indian Subcontinent.
In these regions, wider access to local payment methods is reshaping how consumers engage in online commerce, especially in areas where card penetration has historically been low. This shift is expected to create significant opportunities for both merchants and payment providers that can adapt.
“Identifying and supporting the right local payment methods for each developing market will be critical to enabling international merchant growth and make or break for e-commerce payment provider success,” said Nick Maynard, VP, Fintech Market Research at Juniper Research.
Stripe, Visa, and PayPal Named Market Leaders
As part of its analysis, Juniper Research published its e-commerce Payments Competitor Leaderboard, which assessed 20 major providers on factors such as market presence, product offering, and payments acceptance coverage. The top three vendors for 2025 are:
- Stripe
- Visa Acceptance Solutions
- PayPal
The report highlights that leading providers are combining local payment acceptance with value-added services such as fraud prevention and dispute management. However, the market is becoming increasingly competitive as many vendors expand into similar service areas.
“To differentiate, vendors must embrace local payments; providing global reach with local granularity that reflects cultural and regulatory trends. Failure to do so will mean losing out in a highly competitive market,” Maynard concluded.
The findings underscore the rapid evolution of global e-commerce and the importance of aligning with regional payment preferences. For merchants, adopting flexible and localized payment solutions will be key to capturing growth in the coming decade.
